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  1. Measuring sustainability with macroeconomic data for India
    Erschienen: 2008
    Verlag:  ICRIER, New Delhi

    This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainability in terms of the maintenance of different forms... mehr

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    DS 184 (214)
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    This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainability in terms of the maintenance of different forms of capital to ensure that future consumption levels are at least as high as current levels, estimates of investment have been made using theoretically consistent models and data relevant to the Indian context. Subsequently, the paper investigates the extent to which the investment that has taken place over a thirty year period (from 1976-77 to 2004-05) has been aligned with the consumption path. Investment estimates are found to be a reliable indicator of sustainability of the future consumption path and average future consumption is likely to be higher than current consumption. The findings reveal that while capital formation in manufactured assets has been fuelling wealth accumulation in the economy, there has been a rise in the degradation of natural capital stocks. However, considering the aggregate picture, taking note of investment in human capital, produced capital and the depreciation of natural capital, there has been net wealth accumulation in the economy. Per capita wealth has been rising over the period, with a sharp rise observed from the mid 1990s onwards. -- Sustainable Development ; Investment ; Future Consumption ; Per Capita Wealth ; Human and Natural capital

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/176232
    Schriftenreihe: Working paper / Indian Council for Research on International Economic Relations ; 214
    Schlagworte: Nachhaltige Entwicklung; Umweltökonomische Gesamtrechnung; Indien; Sustainable development; Macroeconomics
    Umfang: Online-Ressource, 27 S., Text, graph. Darst.
  2. On implications of micro price data for macro models
    Erschienen: 2008
    Verlag:  Centre for Economic Policy Research, London

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 32 (6961)
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    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: Array ; 6961
    Schlagworte: Preismanagement; Preisrigidität; Schock; Makroökonomik; Theorie
    Weitere Schlagworte: Macroeconomics; Prices; Wages; Inflation (Finance)
    Umfang: 38, [8] S., graph. Darst.